Tag Archives: Noor Midelt I

Breakdown at Saudi concentrated solar power plant in Morocco costs firm $47 million

Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a storage breakdown at one of the solar power plants it operates in Morocco that will cost the company an estimated $47 million. The 150-megawatt plant, part of the Noor Ouarzazate solar complex, will be forced to remain idle until November 2024, the company … Continue reading Breakdown at Saudi concentrated solar power plant in Morocco costs firm $47 million

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EBRD grants €45 million loan for Noor Midelt I concentrated solar power project

The European Bank for Reconstruction and Development (EBRD) has granted a €45 million loan for the construction of the Noor Midelt I hybrid concentrated solar power + PV plant. It will have a capacity of 800 MW. New funds have recently been allocated to the development of the Noor Midelt I hybrid solar project in … Continue reading EBRD grants €45 million loan for Noor Midelt I concentrated solar power project

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